Tag: Finance Ministry
MSMEs Want Finance Ministry to Make Progressive Corporate Tax Structure
The Union Minister of Finance Nirmala Sitharaman held her third Pre- Budget Consultation Meeting with the stakeholders from the financial sector and capital markets. In ... Read More
Finance Ministry Starts Preparation for Fresh Banking Consolidation
“The next round of bank consolidation may take place in the third quarter of FY20 as enough room has to be given to PSBs to ... Read More
Govt Indicated Slow Economic Growth for FY 2018-19
“India’s economy appears to have slowed down slightly in 2018-19. The proximate factors responsible for this slowdown include declining growth of private consumption, tepid increase ... Read More
Banks Yet to Transmit Repo Rate Benefits: FinMin Report
Commercial banks are yet to transmit the repo rate cuts by the Reserve Bank of India, a report said. Though easing of monetary policy has ... Read More
In IL&FS Crisis, MCA Might Examine Deloitte’s Role
This agreement for exchange of CbC reports, along with the Bilateral Competent Authority Arrangement, will enable both the countries to automatically exchange CbC reports filed ... Read More
Finance Ministry to Restrict GST Evasion Through E-Way Bill
The Finance Ministry has introduced changes in the e-way bill system, including auto calculation of distance based on PIN codes for the generation of e-way ... Read More
NPA Mechanism to Get Revised Soon, RBI & FinMin to Work Together
The Finance Ministry and the Reserve Bank of India (RBI) may soon start consultations with each other to find out a revised mechanism on non-performing ... Read More